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28
Mar

What is the role of a lawyer in a real estate transaction?

Buying a house is one of the most significant investments you will ever make in your life. You are not just buying a house where you will live but a place you and your family will call home for years to come. This is a stressful decision, and you need a sense of security from an expert in real estate […]

18
Feb

What is Spousal Inheritance Law in Ontario?

When legal partner relationships are established, and a party passes away, their assets get allocated after their death is ruled under Spousal Inheritance Law. Let’s face it, this isn’t exactly a fun topic to face, but it is important, particularly when you are considering what kind of legal relationship status you want to enter. Couples want to protect their spouses […]

18
Feb

Backing Out of a Purchase Agreement

Toronto has experienced the fastest growing market on record. Buyers have been participating in bidding wars, fighting hard to lock themselves into a contract on a new home. So while it may be rare for a buyer to want to back out of a purchase agreement in this day and age, it does happen. Sometimes circumstances change, jobs relocate, budgets […]

7
Dec

When is the right time to create a will?

When is the right time to create a will? – The idea of writing a will can be overwhelming for almost anyone: it’s thinking about what is going to happen to your money, belongings, and assets after you have passed away. Having a will, though, is important because it outlines exactly how your family will be cared for and it […]

7
Dec

Why is Having a Power of Attorney so Important

Considering the possibility that you may one day not be able to make financial or health decisions for yourself is a grim thought. But by preparing now for that possibility can help ensure that your wishes are followed. Part of your estate and financial planning is appointing a Power of Attorney (POA). Many people know they need a will, but […]

26
Oct

The Legal Process for Business Start-ups

Every day in Ontario, people are striking out on their own and starting new businesses. During the pandemic especially, many Ontarians have been seeing the value of working from home and/or having some added financial security. But to start any business, there is a legal process that must be followed if you are to avoid fines for violations or penalties […]

20
Sep

Challenging a Will in Ontario

A will is a legal document that is meant to spell out the last wishes of the deceased concerning how they would like their estate to be distributed. But for a variety of reasons, a family member may wish to contest this document. Each province has its own laws when it comes to challenging wills. If you are challenging a […]

20
Sep

Business Succession Planning Checklist

As an entrepreneur, you are immensely proud of your business. In fact, you probably spend a lot of time planning how you will help your business continue to grow and thrive under your leadership. What many entrepreneurs are less good at however is planning how that business will grow and thrive should you not be there. Because the fact is […]

23
Jul

What Are the Rights of a Landlord?

With the prices of real estate in Ontario soaring, many people are renting longer. So if you have been able to invest in rental properties, it can be an excellent source of income and wealth building. That is provided that you find responsible tenants who pay their rent and don’t cause damage to your property. Because the opportunity must be […]

8
Jun

Common Problems Buyers Can Avoid at Closing

Purchasing a new home can be very exciting. You find the home of your dreams and the seller accepts your offer. You imagine the life that you and your family are going to have in your beautiful new home. Sometimes, however, instead of the closing day being a joyful one, it can turn to disappointment if you encounter problems that […]